LYC 2.86% $6.11 lynas rare earths limited

As for your views on the basket.Yttrium is irrelevant to Lynes....

  1. 2,364 Posts.
    As for your views on the basket.
    Yttrium is irrelevant to Lynes. Terbium is in undersupply. Europium is a bit of a worry but Lanthanum is looking much better than I expected from a demand POV.
    The business case was made and funded at basket prices much lower than they are currently and EN recently confirmed we will make a good profit at present prices.
    Demand looks robust for phase 1 and a proportion -at least-of phase 2.
    I doubled up hust before the election and I'm glad I did.
 
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